Practice Advocate Blog

For 20 seasons, HGTV has run a show called “Love it or List it”. A designer and a realtor playfully compete with one another, along with homeowner couples as guests, whose lifestyle requires them to either renovate their...

Earnings before interest, taxes, depreciation, and amortization (EBITDA) is referenced frequently in practice valuations. As a caveat, this number can be subjective (over normalized), and misappropriated as a solitary...

You are invited to attend a complimentary webinar hosted by Rita Li at RBC Dominion Securities on November 20th at 7pm. We will be covering: Economic and interest rate outlook and overview Tariff impact on various...

Introducing Succession Compass  Be The Broker  Dentistry's first and only enablement tool for you to sell your practice and keep your equity is here! Hello Doctor: I am very excited to present to you a project I’ve been...

I recently read an email from the Ontario Dental Association that shared that a proposal from the Ontario government includes a public consultation on expanding the scope of practice of denturists and hygienists. That...

You are well aware of the grim reaper of practice value - the demo clause (or the landlord who wrote it in, depending on where we want to lay blame). With all the spokes in the wheel of your legacy, it can feel defeating...

I recently had a conversation with an entrepreneurial colleague outside of dentistry. We were discussing the value of time, money and the creation of opportunity. Every dentist is well educated on what it takes to serve...

When I practiced dentistry, one of the greatest instigators of the “head-drop-eye-roll” every owner feels in their role as an owner was having my name called from the hallway to change a printer cartridge…or fix an IT...

The average age of dentist I've supported with a practice sale is 47. The average age of dentist I've supported with a practice acquisition is 42. That doesn't mean dentists are buying at 42 and selling 5 years later....